Juan M Restrepo
Can I use a 401k Loan for down payment on a Home?
I am considering House Hacking in about 6 months or so. I am trying to put myself in a good financial position to buy a good property to do some cosmetic work. I was planning on using low money down (FHA/ 5 % conventi...
David Beard
BP bloggers that have never been on the forum
Maybe it's just my pet peeve, but these bloggers and article writers(talking about "experts" here) on BP submitting write-ups from behind their computer screens, while never helping or contributing on the forum in "re...
Jónas Tryggvi Stefánsson
How are you working ON your business instead of IN your business?
We hear this a lot: work ON your business, not IN your business.How are YOU implementing this advice? How are you working ON your business?Did you start doing it at a specific time in your investing journey and do you...
Tyrone Maxwell
part time agent tax help
Hello I just have a question I ant seem to find the answer to. Can an agent with a fulltime job that is currently providing a way of living in another non related industry have any tax breaks from his realtor business...
Zach Dermer
Borrow from a 401K for BRRRR investing?
Looking to get some insight as I look to begin investing in real estate.
Should I borrow money from my 401K to be able to pay my first rental in cash? Would use partial cash and partial 401k funds. The plan would be ...
Account Closed
Borrowing from my 401k
I am very new to Real Estate investing and I am looking into borrowing from my 401k to buy my first rental property. Is it a wise idea to borrow from my 401k if I can take a HELOC out from my current home I live in? A...
Courtney A Hall
Any tips for sheriffs sale of real estate
HiI was looking around the market and wanted to get my feet wet and try sheriffs auction of real estate. What type of properties should I be looking for. What General area also should I look in. Low tax neighborhood o...
Jay Clegg
Can I leverage a 401k for my first REI
I have an active employer contribution 401K and was wondering if I can leverage a loan from it to start with my first deal. The cool thing about it is this particular investment firm offers a 7.5% return to myself for...
Mike Hay
Complex 401k question
I’m still learning the layout here so my apologies if this is in the wrong forum. My question pertains to a 401k hardship withdrawal. I’m aware of the 10% penalty and income tax ramifications and that it is generally ...
Tucker Helmus
Reciprocal license- required to "hang" for access to MLS?
Just a quick little background on my situation. I recently moved to Massachusetts from Colorado, where I was licensed as an associate broker (essentially the same as a real estate salesperson in MA) and I am in the pr...